Urgent request for documentary credit English template, because I have just done foreign trade not l

If you want, send you a copy of the letter of credit from me.

documentary credit

Documentary Credits, sometimes referred to as "banker's commercial credits" and "commercial letters of credit", provide security to the seller of goods of nationality to ensure that he will be paid after the goods have been shipped, even if the buyer is unable to pay or the buyer's notes are dishonoured.

Documentary credit: any agreement, however named or described, in accordance with the requirements and instructions of its customers (i.e., the issuing applicant) or on its own initiative (i.e., the issuing bank) of a bank (i.e., the issuing bank) acting on its own initiative, in accordance with the agreement, subject to the terms of the letter of credit, with the prescribed documents: to pay a third party (i.e. the beneficiary) or its designee, or to accept and pay the bill of exchange issued by the beneficiary; or authorize another bank to make the payment, or to accept and pay the bill; or authorize another bank to negotiate.

1.The buyer and the seller stipulate in the ** contract that the payment is made by documentary credit.

2.The buyer notifies the local bank (issuing bank) to open a letter of credit in favour of the seller.

3.The issuing bank requests another bank to advise or confirm the letter of credit.

4.The advising bank informs the seller that the letter of credit has been opened.

5.The seller ships the goods after receiving the letter of credit and ensuring that it can fulfil the conditions set out in the letter of credit.

6.The seller submits the documents to the designated bank. The bank may be the issuing bank or the payment, acceptance or negotiation bank named in the letter of credit.

7.The bank examines the documents in accordance with the letter of credit. If the documents comply with the provisions of the L/C, the bank will pay, accept or negotiate in accordance with the provisions of the L/C.

8.A bank other than the issuing bank sends the documents to the issuing bank.

9.After verifying that the documents are correct, the issuing bank shall reimburse the bank that has paid, accepted or negotiated in accordance with the L/C in the form agreed in advance.

10.The issuing bank delivers the documents after the buyer has paid, and then the buyer picks up the goods with the voucher.

Texting with a mobile phone can be canceled, and there are specific instructions about text messages on the official website of Journey.

Business Economics > ** - 2009-02-27 How does the process of a foreign trade documentary credit work?

The operation process of the documentary credit is simple, when the buyer imports goods from abroad, he applies to the domestic bank for the issuance of a letter to the seller (or letter. This is the root cause for the bank to accept the negotiation or reject the payment or reject the negotiation. Under the documentary credit system, the bank operates:

Business Economics > ** - 2008-12-03 Does anyone know the sofa foreign trade process.

However, the most commonly used is a documentary credit, which is a letter of credit with specified documents attached. To put it simply, a letter of credit is a guarantee document that guarantees the exporter to recover the payment for the goods, and it is a bank credit. The choice of usance and sight L/C is not necessarily good at sight, but depends on the specific situation.

Business Economics > ** - 2008-08-04

signed'clean""shipped on board"Ocean Bills of Lading: Clean bill of lading.

made out to order of **endorsement.

as paries (you should have mistyped, parties) to be notified: Same as notifier.

1. A full set of original bills of lading, endorsed by foreign banks, the bill of lading shows the freight collect, and the description of the goods. The bill of lading must show the full name and address of the applicant and ***, and the notifier should also show the full name and address of the applicant and ***.

2. The shipping company or shipping agency certificate (in duplicate) states that the carrier shown on the bill of lading is suitable for sea transportation, the age of the ship is not more than 20 years, certified by the London Insurance Association (the same grade as Lloyd's Class A), and the freight forwarding company confirms whether it can be rebooked, and the supporting documents should show the name of the classification society.

A full set of clean ocean bills of lading, made on the first letterhead and marked with freight collect, the above documents should indicate the description of the goods. The ocean bill of lading must state the name and address of the issuing applicant and the foreign bank, and notify both parties.

Shipping company certificate.

I can only translate the approximate meaning like this... Rookie flies by.

1.A full set of signed and clean ocean bills of lading is required, and the first column (to:) on the bill of lading is filled:

to order ** on the bill of lading"freight payable at desternation"The bill of lading should show the complete name of the commodity, and the name and address of the issuing party, the bank and the arrival notification party should be displayed.

2. Require the shipping company or their freight forwarder to issue a certificate stating that the ship on which the goods are shipped is suitable for sea transportation and is not more than 20 years old, meets the relevant terms and is certified by the relevant authorities.

If there are specific terms, I think I.

It can still help you translate accurately. But how many times can it help? Seeking others is not as dedicated as seeking oneself, the key is to rely on oneself to learn to understand the letter of credit, I recommend you a more down-to-earth foreign trade document certification textbook - China Economic Publishing House out of Chen Guang, Fu Xingxin edited the third chapter of the "International ** Document Preparation Practice (Third Edition)" has a swiftExample standard translation of letter of creditand a detailed explanation of the 37 fields of SWIFT MT700 messages, learners can draw inferences from one another, and understand the other letters of credit they have come into contact with.

Chapter 14 contains 12+ letters of credit, these 12 letters of credit involve SWIFT's MT700, MT710** notice), MT720** transfer) and other messages, countries include Bangladesh, Pakistan, India, Nigeria, Japan, South Korea, Vietnam, Thailand, Uzbekistan and other countries that mainly use L/C settlement, the mode of transport involves sea, air, railway transport and road transport, L/C payment methods involve red terms L/C, confirmation L/C, acceptance L/C, L/C at sight, L/C for deferred payment, L/C for negotiation, L/C for mixed payment, etc., with a book in hand, you will not have a problem with the knowledge and operation of L/C.

Letter of credit is a certificate used by banks to ensure that the buyer or importer has the ability to pay, and it is a certificate that the bank conditionally guarantees payment, and has become a common settlement method in international activities. According to the general provisions of this settlement method, the buyer first deposits the payment with the bank, and the bank opens a letter of credit, notifies the seller's bank to open an account in another place and tells the seller, and the seller delivers the goods according to the terms stipulated in the contract and the letter of credit, and the bank pays on behalf of the buyer.

1.Consistent documents: the exporter needs to hold all the documents listed on the letter of credit, all of which are indispensable;

2.Consistent documents: The documents held by the exporter must be true and valid, and the main content must be consistent with the record on the letter of credit.

3.Immediate acceptance: The letter of credit is a bank credit, and the bank, as the first acceptor, must be accepted immediately if it meets the acceptance conditions after inspection.

I don't understand your supplementary question to ask whether the parties need to follow the principles or the characteristics of L/C settlement. Want to know where your question comes from?